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355 GUELPH Avenue

Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights, Cambridge, N3C2V3

Listed by Re/Max Real Estate Centre Inc.

$1,199,000

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Listed 163 days ago · MLS® 40828186

About this home

An exceptional infill development opportunity in Cambridge, comprising 355 Guelph Avenue and 11 Fletcher Circle (offered as a combined 0.59-acre / 0.24-hectare parcel). Rezoned to RM4 (Site-Specific Provision S4.1.421) in March 2022, the site is positioned for an 8-unit freehold townhouse project. Consent applications (B02/25 through B08/25) received staff-recommended approval in June 2025 and remain valid until June 18, 2027. Significant preliminary engineering and regulatory hurdles have been cleared to accelerate project timelines. The existing house on the property is vacant and sold strictly as is, where is. Favorable Seller VTB (Vendor Take-Back) financing is available to qualified buyers, offering strategic leverage to optimize project yields. This opportunity represents a streamlined acquisition for builders looking to deliver premium missing-middle housing in the Waterloo Region. (id:66966)

Details

Type
Vacant Land
Basement
None
Property tax
$5,666
Neighbourhood
Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights
Municipality
Cambridge

Interior

Fireplace
No

Heating, cooling and services

Water and sewer
Municipal sewage system

Location

Location is approximate. See nearby homes on the map

Listed by Re/Max Real Estate Centre Inc..

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